317 Hugel Avenue
Midland, ON L4R 1T5
- 3+2Bedrooms
- 2Bathrooms
- 3Parking
- 700–1100Sq Ft
- $2,968Tax
- 50×150 ftLot Size
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About 317 Hugel Avenue, Midland
Summarized Description
- Legal duplex with two rental units
- Walking distance to downtown Midland
- Positive cash flow from tenants
- Upper unit has 3 bedrooms and in-suite laundry
- Lower unit has 2 bedrooms with long-term tenant
- Separate hydro meters for each unit
- Leases provide stable income until 2026
Legal duplex located within walking distance to downtown Midland. Excellent investment opportunity with positive cash flow and reliable tenants in place. The upper unit features 3 bedrooms, a full kitchen, living area, and in-suite laundry, currently leased until June 2026 at $1,950/month; vacant from July 1st.. The lower unit offers 2 bedrooms, a full kitchen, and living area with a long-term tenant on a month-to-month lease paying $1,488.76/month (tenant since October 2021). Separate hydro meters for each unit. 2024 utility costs: gas $1,171.80 and water $2,403.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,968
- Land Transfer Tax Fee
- $5,475
Rental Items
- Rental Equipment
- Hot Water Tank
- Basement Type
- Apartment
Interior Features
- Interior Extras
- Accessory Apartment
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- Bungalow-Raised
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 150.00 ft
- Lot Size
- 7623
Inclusions
- Inclusions
- 2 x stove; 2 x fride. Washer, Dryer.
Exclusions
- Exclusions
- Tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 2
- Washrooms
- 2
- Kitchens
- 2
Washrooms
- 4-piece, Main
- 3-piece, Lower
- Municipality
- Midland
- Neighbourhood
- Midland
- Main cross streets
- William Street
- Directions
- William Street to Hugel Avenue
- MLS® number
- S12890206
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-29
- Listed on
- 2026-03-17
- Days on market
- 196 days
- Possession type
- Other
- Co-op commission
- 2.5% + Tax
- Seller
- Listed by
- RE/MAX By The Bay Brokerage
Home Market Value
Current home valuation for 317 Hugel Avenue, Midland, Midland, ON. Listed for $450,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 317 Hugel Avenue, Midland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$22,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $17,100 | $12,555 | $10,710 | $0 |
=Total mortgage | $444,600 | $417,555 | $393,210 | $360,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,171monthly | $2,039monthly | $1,920monthly | $1,758monthly |
Land Transfer Tax
$5,475
$5,475
Around this home
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